2007 State of Michigan Property Assessment

Aha! I found a decent explanation, finally, about Prop A and how it functions in a declining real estate market. As described here, we experienced a 6% drop in our 2007 property assessment. Now I can't show where the appraiser got their information, but I can now show why some folks' assessment will jump, wilst others drop.

Read the rest of the article here at my other site...shhh! My A/R blog might get jealous!